• Restaurant Accounting: How It's Different

    3 monthes ago - By Business

    You might think accounting is the same across the board, but it can actually differ quite a bit from industry to industry. So what sets restaurant accounting apart? On the surface, it's really not all that different from standard accounting practices - restaurant accounting uses many of the same costing methods, as well as profit and loss statements and cash flow reports just like many other industries do. However, much like a restaurant comes with its own unique expenses, restaurant accounting has its own nuances. Here are some of the main things you need to know.
    Accounting methods
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